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A noncallable Treasury bond has a quoted yield of 4.83 percent. It has a 5.8 percent coupon and 14 years to maturity.

a. What is its dollar price assuming a $1,000 par value? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Dollar price   $  

b. What is its quoted price?

Quoted price   :   

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91379801

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